Tag: market

“Boeing expects single-aisle planes, such as its 737 MAX, to account for 84 percent of global planemakers’ new jet deliveries to India from 2018-2037, higher than the global average” reports businessinsider.com. “India sees dramatic fares and discounts and that is going to hurt airlines more and more,” Dinesh Keskar, senior vice president, Asia Pacific and India sales at Boeing Commercial Airplanes, told reporters on Wednesday.India is one of the world’s fastest-growing aviation markets, with domestic passenger traffic growing at around 20 percent in recent years, and Boeing expects it to…

“Novogratz projected that the Bitcoin price will stay between $3,000 and $6,000 in the foreseeable future” writes Ana Alexandre for cointelegraph.com. Speaking on Bloomberg Television, Novogratz opined that there will not be much further decline in the Bitcoin price, despite the recent slump in the market.Mike Novogratz, an ex-Goldman Sachs partner and founder of crypto merchant bank Galaxy Digital, said that he does not expect the Bitcoin (BTC) price to decline much further in an interview published by Bloomberg on Dec. 18.In Novogratz’s view, there will be “a lot of…

“Analysts from global investment bank JPMorgan Chase believe that the protracted crypto bear market is driving away institutional investors, Bloomberg reports on Tuesday, Dec. 18” writes Helen Partz for cointelegraph.com. They purportedly claim that in the past month the index reached its “lowest levels” since the launch of Bitcoin futures trading on Dec. 10, 2017.Moreover, JPMorgan reportedly stated that the average transaction size in the crypto market has dropped to lower than $160, opposed to about $5,000 one year ago.The experts reportedly noted the decreasing index of open interest (OI)…

“TEHRAN — Iran is one of the booming markets for Information and Communication Technology (ICT) in Asia, the Communications Regulatory Authority (CRA) of Iran announced in its latest report” reports tehrantimes.com. Affiliated to the ICT Ministry, the CRA paves the way for competitive market of telecommunication and increment, promotion and optimization of service quality. Source: tehrantimes.com Share This:

“Thus, a cryptocurrency wallet CoinText.io has launched its own BCH wallet in Bangladesh” writes Fx Street for forexcrunch.com. Bitcoin Cash (BCH) is a growth start today.While the upside momentum is driven by market sentiments and technical factors, BCH also enjoys some positive fundamental news.The 6th largest coin by market value has gained nearly 25% since this time on Tuesday and over 12% since the beginning of Wednesday to trade at $117.78 by press time. Source: forexcrunch.com Share This:

“Both the previous two U.S. recessions overlapped with stock market sell-offs” reports thebusinessjournal.com. (AP) — Fears of a recession have been mounting with the U.S. stock market appearing to be headed for its worst December since 1931 — during the Great Depression.The fact is that the stock market captures just a piece of the broader U.S. economy.The fact is that economic growth around the world is slowing, including in the United States as the benefits from the tax cuts wane. Source: thebusinessjournal.com Share This:

“So far, the futures market is sticking with a two-in-three chance of a rate increase on Wednesday” writes Midwest Communications Inc for 95kqds.com. “Despite recent market volatility we think that it is still more likely than not that the Fed will raise rates,” said ANZ senior economist Tom Kenny.Investors rushed into bonds, with the largest ever one-month rotation into fixed-income assets, while cutting equities. Source: 95kqds.com Share This:

“In the last five years, Boeing has repurchased about 230 million shares and increased its dividend by about 325 percent” writes Elizabeth Gurdus for cnbc.com. When asked whether other airlines would step up if China’s demand for planes tapers as a result of trade tensions with the United States, Smith said “we’ve certainly got strong demand.”. Source: cnbc.com Share This:

“Wall Street concerns about “unforeseen consequences” from another Federal Reserve interest rate hike were keeping a lid on Tuesday’s stock market rebound, according to veteran trader Art Cashin” writes Berkeley Lovelace Jr for cnbc.com. The market expects a more scaled-back rate path Wednesday.Against the backdrop of higher rates, investors are “very nervous” about global economic growth slowing and uncertainty around the U.S. trade war with China, said the UBS director of floor operations at the New York Stock Exchange.Cashin said there are several investors on the sidelines ahead of the…